Orbion Space Technology

Houghton, United States Founded: 2016 • Age: 10 yrs Acquired By York Space Systems
Developer of electric propulsion systems for satellites

About Orbion Space Technology

Orbion Space Technology is a company based in Houghton (United States) founded in 2016 by Lyon King was acquired by York Space Systems in March 2026.. Orbion Space Technology has raised $72.04 million across 13 funding rounds from investors including York Space Systems, Material Impact and Inventus Capital Partners. Orbion Space Technology offers products and services including Aurora Propulsion System and Thruster Configurator. Orbion Space Technology operates in a competitive market with competitors including Exotrail, Avio, Ursa Major, Bellatrix Aerospace and Phase Four, among others.

  • Headquarter Houghton, United States
  • Founders Lyon King
  • Sectors
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Orbion Space Technology
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $72.04 M (USD)

    in 13 rounds

  • Latest Funding Round
    $27.07 M (USD), Series B

    Dec 11, 2025

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    York Space Systems

    (Mar 12, 2026)

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Products & Services of Orbion Space Technology

Orbion Space Technology offers a comprehensive portfolio of products and services, including Aurora Propulsion System and Thruster Configurator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Integrated system for small satellite maneuvers and fuel efficiency.

Online tool to design custom propulsion based on mission requirements.

People of Orbion Space Technology
Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Kanwal Rekhi
Director
People
Roger Myers
Lead System Engineer
People
Kurt Terhune
Team Lead - Test Systems
People
Steve Battel
Space Electronics Expert

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Funding Insights of Orbion Space Technology

Orbion Space Technology has successfully raised a total of $72.04M across 13 strategic funding rounds. The most recent funding activity was a Series B round of $27.07 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 13
  • Last Round Series B — $27.1M
  • First Round

    (07 Jul 2017)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Series B - Orbion Space Technology Valuation

investors

Oct, 2025 Amount Debt – Conventional - Orbion Space Technology Valuation

investors

Jul, 2025 Amount Series B - Orbion Space Technology Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Orbion Space Technology

Orbion Space Technology has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include York Space Systems, Material Impact and Inventus Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments are targeted by Inventus Capital Partners.
Founded Year Domain Location
Investments are made in growth-stage startups by Beringea.
Founded Year Domain Location
Wakestream Ventures is engaged in early stage venture funding.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Orbion Space Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Orbion Space Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Orbion Space Technology Comparisons

Employees
+
Add Comparison
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Competitors of Orbion Space Technology

Orbion Space Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Exotrail, Avio, Ursa Major, Bellatrix Aerospace and Phase Four, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Mobility solutions for small satellites are developed and provided.
domain founded_year HQ Location
Space propulsion components, systems, and satellite launch adapters are developed.
domain founded_year HQ Location
Ursa Major is engaged in developing propulsion and defense systems.
domain founded_year HQ Location
Manufacturer of electric and green satellite propulsion systems
domain founded_year HQ Location
Plasma propulsion systems for small satellites are developed and manufactured.
domain founded_year HQ Location
Patented ion-based propulsion for small satellites is developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Orbion Space Technology

Frequently Asked Questions about Orbion Space Technology

When was Orbion Space Technology founded?

Orbion Space Technology was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Orbion Space Technology located?

Orbion Space Technology is headquartered in Houghton, United States. It is registered at Houghton, Michigan, United States.

Who is the current CEO of Orbion Space Technology?

Lyon King is the current CEO of Orbion Space Technology. They have also founded this company.

Is Orbion Space Technology a funded company?

Orbion Space Technology is a funded company, having raised a total of $72.04M across 13 funding rounds to date. The company's 1st funding round was a Series B of $650K, raised on Jul 07, 2017.

What does Orbion Space Technology do?

Orbion Space Technology was founded in 2016 and is based in Houghton, United States. Operations focus on the space technology sector, where electric propulsion solutions for small satellites are created. Hall-effect thrusters employing plasma and ion-based methods are produced to enable satellite propulsion in orbit. These systems support commercial applications in satellite deployment and maneuvering.

Who are the top competitors of Orbion Space Technology?

Orbion Space Technology's top competitors include Exotrail, Avio and Phase Four.

What products or services does Orbion Space Technology offer?

Orbion Space Technology offers Aurora Propulsion System and Thruster Configurator.

Who are Orbion Space Technology's investors?

Orbion Space Technology has 10 investors. Key investors include York Space Systems, Material Impact, Inventus Capital Partners, Beringea, and Wakestream Ventures.

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